What is Mainframe Modernization Services Market Scope?
Mainframe modernization services allow the improvement in process of enterprises or business organizations' existing mainframe footprint. Its mainframe footprints technically include code, interface, performance, maintainability, and cost. The services upgrades and adapts current or legacy mainframes systems. It is used in various industries like IT communications, education, BFSI, retail, healthcare, etc. The mainframe modernization services encompass the complete migration of code and functionality to a platform based on newer technology.
Influencing Trend:
Integration of Different Technologies like Artificial Intelligence and IoT in Mainframe Modernization Services
Market Growth Drivers:
Need for Management in Process of Business Operations in Different Industries and Demand for the Modernised Investments in the Legacy Applications
Challenges:
Financial Risk, People Risk Associated with the Mainframe Modernization Services
Restraints:
Regulatory Compliances and Guidelines Involved in Mainframe Modernization Services
Opportunities:
Surging Demand for Mainframe Modernization Services for IT Infrastructure in Developing Region
The Mainframe Modernization Services market study is being classified by Type (API Enablement, Legacy Decommissioning, Batch Offloading, Re-hosting, Re-engineering and DevOps for Mainframe), by Application and major geographies with country level break-up.
Fujitsu Limited (Japan), Google (United States), Wipro Digital (India), IBM Corporation (United States), Microsoft (United States), Software AG (Germany), Infosys Limited (India), Astadia, Inc. (United States), Atos Syntel (United States), Accenture plc (Ireland), Amazon Web Services, Inc (United States), HCL Technologies Limited (India) and GFT Technologies SE (Germany) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Mainframe Modernization Services market by Type, Application and Region.
On the basis of geography, the market of Mainframe Modernization Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 31st March 2021, Deloitte announced its commitment as a Launch Partner for the Amazon Web Services (AWS) Mainframe Migration Competency designation as both a Technology and Consulting Partner. As an AWS Partner in the AWS Partner Network (APN), this recognition reflects the value Deloitte brings to clients migrating mainframe applications to AWS through its technical knowledge and consulting capabilities.
Key Target Audience
Mainframe Modernization Services Providers, Mainframe Modernization Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Mainframe Modernization Services Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Mainframe Modernization Services Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Mainframe Modernization Services industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.